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SnapperKain SE25 6PU 07 Feb 24 12.43pm | |
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Originally posted by Lanzo-Ad
But the set up has changed when Textor signed up, it was completely different when Harris and Blitzer signed up, Parish had 40%, so he bought 30% of Parish, and some from the other three original buyers, maybe, H and B didn't like that, just conjecture, but it would answer a few questions, Parish didn't want anyone to have a majority holding, and H&B wouldn't touch the virtually bankrupt Texter with a barge pole Guess that depends on the company articles and shareholders agreement that would be in place. As I understand it, you can't always sell shares without informing or approval from other directors if that restriction is set out in the articles or agreement, but this is not my area of expertise and could be completely wrong! If that is right and this is also pure conjecture, I would have thought there would be some restrictions in place with the nature of the sums of money involved and presumably Harris and Blitzer didn't object to Parish selling those shares.
The trouble with computers, of course, is that they're very sophisticated idiots |
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NEILLO Shoreham-by-Sea 07 Feb 24 1.22pm | |
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Originally posted by Badger11
Do we know that? Perhaps Harris and Blitzer are happy to let Steve run the club, Textor certainly has a problem with it and has said so. Everything points to that they are happy to let Parish run the club. And the club pay him handsomely for what he does. Harris and Blitzer wanting into Chelsea and Utd is another issue. They see a better financial return for their investment. It doesn't necessarily follow that the reason they are willing to sell their Palace shares is dissatisfaction with Parish.
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Badger11 Beckenham 07 Feb 24 1.35pm | |
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Originally posted by NEILLO
Everything points to that they are happy to let Parish run the club. And the club pay him handsomely for what he does. Harris and Blitzer wanting into Chelsea and Utd is another issue. They see a better financial return for their investment. It doesn't necessarily follow that the reason they are willing to sell their Palace shares is dissatisfaction with Parish. Of course it's all speculation but I think your comments are close to the mark.
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doombear Too far from Selhurst Park 07 Feb 24 3.39pm | |
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Originally posted by Nicholas91
I really struggle to see what purpose it would serve Steve Parish to either deliberately mismanage the club or be fiddling whilst his proverbial Rome burns. Criticism of him - of course, it's football! Outright attacks on him - get a grip! Edited by Nicholas91 (07 Feb 2024 8.35am)
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DenTyler Sidcup 07 Feb 24 7.41pm | |
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Originally posted by Nicholas91
The likelihood of Saudis etc. coming in with blank chequebooks and trying to propel us to world domination is low but even if it did happen, it may kill the soul of the club. So beyond that I can't help but think any effort to drive out an owner who has overseen our most successful period in yonks, and supports the club himself, just equates to us tying our own noose as fans.
Just imagine not that long ago there were probably city fans saying the same thing. Bring on the stinking rich, questionable ethics Saudi multi billionaires. Anyway back in the real world, I see another kebab shop has shut in Penge.
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CpfcWeTrust1 07 Feb 24 8.03pm | |
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Originally posted by DenTyler
Just imagine not that long ago there were probably city fans saying the same thing. Bring on the stinking rich, questionable ethics Saudi multi billionaires. Anyway back in the real world, I see another kebab shop has shut in Penge. Saudi money doesn't mean instant success... of any kind. To name a few examples of excess spending gone wrong - Chelsea, Everton Nottingham. It also is evident that buying your way up the league outside the spending rules is not going to work anymore. So what reasoning do you feel that soulless, Saudi or otherwise led organisations mean instant success? I mean its just a s likely somebody comes in and asset strips all the good players and tv revenue because they own various other football teams and leaves us to rot if they have control over the club and maybe balances their books elsewhere by putting it in the clubs name. What kind of cowboy owner could do exactly that if he had control? Hopefully the point above is clear.
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DenTyler Sidcup 07 Feb 24 8.09pm | |
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Originally posted by CpfcWeTrust1
Saudi money doesn't mean instant success... of any kind. To name a few examples of excess spending gone wrong - Chelsea, Everton Nottingham. It also is evident that buying your way up the league outside the spending rules is not going to work anymore. So what reasoning do you feel that soulless, Saudi or otherwise led organisations mean instant success? I mean its just a s likely somebody comes in and asset strips all the good players and tv revenue because they own various other football teams and leaves us to rot if they have control over the club and maybe balances their books elsewhere by putting it in the clubs name. What kind of cowboy owner could do exactly that if he had control? Hopefully the point above is clear. It was a joke. Nothing more. I’m not sitting here praying for Saudi intervention. I love the club the way it is. I grew up 5 minutes from the ground and have sat through good and bad and I’m fine with that. Could do without the dross and drama of this season though.
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DenTyler Sidcup 07 Feb 24 8.11pm | |
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Also if we were taken over and ‘asset stripped’ as you say what exactly would we do with the £29.99 we got.
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CpfcWeTrust1 07 Feb 24 8.45pm | |
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Originally posted by DenTyler
Also if we were taken over and ‘asset stripped’ as you say what exactly would we do with the £29.99 we got. I chuckled at that. Don't forget the pukka pies.
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DenTyler Sidcup 07 Feb 24 9.06pm | |
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Ha ha forgot the pies
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Oddball2021 Adelaide 08 Feb 24 12.02pm | |
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What have the fans done wrong?
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est1905 13 Feb 24 5.17pm | |
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I am genuinely interested to know why some fans seem to hate our owners. When you look back on say Raymond Bloye or Ron Noades as owners both used the club as a cash cow. Bloye sold as much of the surrounding land around Selhurst to the council or to Sainsbury and never put a penny into the club. Noades put his kids through university and built 3 golf clubs from the sales of Palace players then seperated the club from the ground so that Palace had to pay him rent to play there! There were all sorts of money making schemes going on behind the scenes while the manager (usually Coppell) was expected to keep pulling rabbits out of hats. Then there was Simon Jordan who overstretched himself financially and drove the club into administration because he lost control of the finances. This was after lying to the fans by telling everyone how clever he was to have tricked Ron Noades into selling Selhurst Park. Simon Jordan never came close to owning Selhurst Park. I just wonder what the problem is. You rarely saw banners or demonstrations against Bloye or Noades. Two of IMO the worst owners Pace ever had.
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